According to Purchasing-Power Parity What Should the Nominal Exchange Rate

question 80

Multiple Choice

According to purchasing-power parity what should the nominal exchange rate between the U.S.and another country be equal to?

• A)1
• B)the real exchange rate between the U.S.and that country
• C)the price level in the U.S.divided by the price level in the other country
• D)the price level in the other country divided by the price level in the U.S.

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Definitions:

Causes Of Poverty

Various factors including unemployment, lack of education, and socio-economic policies that lead to insufficient income and resources.

Alleviate Poverty

Measures and efforts taken to reduce or eliminate the incidence of poverty and improve the living conditions of those affected by it.

Black Male Joblessness

The condition wherein a disproportionate percentage of Black males are unemployed, not seeking employment, or not participating in the labor force.

Typical Welfare Family

A reference to the average household receiving government assistance to support its basic needs.